PANW in the 13F filings
Palo Alto Networks Inc · CUSIP 697435105
- Quarter end
- 31 Dec 2025
- the date the book describes
- Filed
- 27 Oct 2026
- latest of these filings; the earliest 22 Jan 2026
- Managers listing it
- 36
- at least, of 95 tracked, among listed positions
- Comparable managers
- 92
- filed both Q3 2025 and Q4 2025; 23 listed it in both
- Shares listed
- 51,449,229
- combined, among listed positions
- Reported value
- $9.5bn
- combined, at the quarter end
Among the 92 comparable managers: 19 buyers (opened or added shares) and 24 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +15,103,521.
Managers listing PANW in Q4 2025
36 of 36 holders
Largest increases and reductions, by shares
Increases
- Invesco Ltdexisting position · 21,508,000 shares now+16,218,989
- Renaissance Technologies LLCexisting position · 908,500 shares now+840,000
- Citadel Advisors LLCexisting position · 3,266,843 shares now+737,464
- Fidelity (FMR LLC)existing position · 8,138,673 shares now+539,425
- AQR Capital Management LLCexisting position · 2,574,751 shares now+478,209
Reductions
- Jane Street Group LLCexisting position · 642,803 shares now-1,967,263
- Squarepoint Ops LLCexisting position · 22,728 shares now-405,460
- Two Sigma Investments LPexisting position · 6,899 shares now-316,162
- Acadian Asset Management LLCexisting position · 35,529 shares now-254,165
- T. Rowe Price Associates Incexisting position · 4,337,468 shares now-214,562
New positions and exits
New (4)
Exited (7)
- Voloridge Investment Management LLCwas $26m
- MFS Investment Managementwas $19m
- Bridgewater Associates LPwas $18m
- Schonfeld Strategic Advisors LLCwas $13m
- Brevan Howard Capital Management LPwas $7.7m
- Moore Capital Management LPwas $3.0m
- Rokos Capital Management LLPwas $29k
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q2 2013 | 7 | $402m | n.a. | n.a. |
| Q3 2013 | 4 | $417m | n.a. | n.a. |
| Q4 2013 | 4 | $863m | n.a. | n.a. |
| Q1 2014 | 9 | $1.1bn | n.a. | n.a. |
| Q2 2014 | 14 | $1.1bn | n.a. | n.a. |
| Q3 2014 | 16 | $1.1bn | n.a. | n.a. |
| Q4 2014 | 10 | $1.7bn | n.a. | n.a. |
| Q1 2015 | 18 | $2.3bn | n.a. | n.a. |
| Q2 2015 | 18 | $2.4bn | n.a. | n.a. |
| Q3 2015 | 18 | $2.2bn | n.a. | n.a. |
| Q4 2015 | 18 | $2.4bn | n.a. | n.a. |
| Q1 2016 | 18 | $2.3bn | n.a. | n.a. |
| Q2 2016 | 11 | $1.1bn | n.a. | n.a. |
| Q3 2016 | 12 | $1.7bn | n.a. | n.a. |
| Q4 2016 | 11 | $1.1bn | n.a. | n.a. |
| Q1 2017 | 13 | $799m | n.a. | n.a. |
| Q2 2017 | 14 | $1.2bn | n.a. | n.a. |
| Q3 2017 | 14 | $1.3bn | n.a. | n.a. |
| Q4 2017 | 16 | $1.4bn | n.a. | n.a. |
| Q1 2018 | 15 | $1.8bn | n.a. | n.a. |
| Q2 2018 | 17 | $2.1bn | n.a. | n.a. |
| Q3 2018 | 22 | $2.6bn | n.a. | n.a. |
| Q4 2018 | 20 | $1.7bn | n.a. | n.a. |
| Q1 2019 | 25 | $2.6bn | n.a. | n.a. |
| Q2 2019 | 16 | $1.8bn | n.a. | n.a. |
| Q3 2019 | 15 | $2.0bn | n.a. | n.a. |
| Q4 2019 | 17 | $2.9bn | n.a. | n.a. |
| Q1 2020 | 12 | $1.6bn | n.a. | n.a. |
| Q2 2020 | 22 | $2.6bn | n.a. | n.a. |
| Q3 2020 | 15 | $2.0bn | n.a. | n.a. |
| Q4 2020 | 23 | $4.0bn | n.a. | n.a. |
| Q1 2021 | 21 | $3.6bn | n.a. | n.a. |
| Q2 2021 | 20 | $3.9bn | n.a. | n.a. |
| Q3 2021 | 26 | $4.6bn | n.a. | n.a. |
| Q4 2021 | 21 | $5.4bn | n.a. | n.a. |
| Q1 2022 | 29 | $6.3bn | n.a. | n.a. |
| Q2 2022 | 32 | $5.0bn | n.a. | n.a. |
| Q3 2022 | 29 | $4.8bn | n.a. | n.a. |
| Q4 2022 | 21 | $3.4bn | n.a. | n.a. |
| Q1 2023 | 29 | $5.7bn | n.a. | n.a. |
| Q2 2023 | 32 | $6.9bn | n.a. | n.a. |
| Q3 2023 | 29 | $7.1bn | n.a. | n.a. |
| Q4 2023 | 25 | $6.8bn | 11 | 16 |
| Q1 2024 | 23 | $4.9bn | 8 | 15 |
| Q2 2024 | 17 | $5.1bn | 12 | 9 |
| Q3 2024 | 20 | $4.9bn | 14 | 8 |
| Q4 2024 (split) | 23 | $5.3bn | 4 | 1 |
| Q1 2025 | 24 | $5.6bn | 17 | 9 |
| Q2 2025 | 25 | $6.9bn | 17 | 8 |
| Q3 2025 | 30 | $7.1bn | 17 | 13 |
| Q4 2025 | 22 | $9.0bn | 19 | 24 |
| Q1 2026 | 21 | $7.6bn | 17 | 23 |
| Q2 2026 | 27 | $21.7bn | 20 | 19 |
Compare with…
Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.
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How much of the picture this is
A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.
Which funds own PANW, latest filings →Back to the 13F Explorer →